THE FOLLOWING POLICIES HAVE BEEN ESTABLISHED TO ENSURE THAT ALL PROSPECTIVE APPLICANTS FOR A PROPERTY ARE PROCESSED BY REALTY MASTERS OF FL AND WILL BE TREATED EQUALLY AND FAIRLY.

APPLICANTS AND APPLICATION FEE

Complete Applications will be processed in the order received. If you feel you meet the guidelines for qualifying, we encourage you to submit an application.

• Each person 18 years of age or older residing in the property must complete and sign an application.
• Each applicant must provide proof of identity with state issued photo ID.
• $50.00 non-refundable processing fee per applicant. $35.00 non-refundable processing fee for active duty military and spouse. CASH OR MONEY ORDER ONLY. NO PERSONAL CHECKS, CREDIT, OR DEBIT CARDS IN OFFICE. Application fee can be paid online with debit/credit card through online application or Paypal.
• Incomplete applications, as well as applications with missing or false information, will not be considered.
• If a co-signer is necessary, the co-signer must also complete and sign an application. The acceptance of a co-signer is not normal policy and is subject to individual approval or denial by Owner.
• Your application will not be considered without a completed and signed application for each adult over the age of 18 as well as a copy of photo ID, most recent month’s verifiable proof of income, an application fee for each applicant, and photos of any animals residing in the property. Include these items with your application so your application can be considered complete; incomplete applications will not be processed.

CRITERIA FOR APPROVAL

The following criteria has been established for approval.  All adults must meet these criteria. Where there are co-applicants, owner may deny all co-applicants based on one co-applicants’ failure to pass criteria.

1. Credit score of 600 or higher is required. A credit inquiry will be made. Credit history must not contain judgments, history of late payments, or collections within the past year. Liens and bankruptcy within the last 2 years and eviction filings and foreclosures within the last 3 years will be grounds for disqualification.
2. A minimum of one (1) year residential history is required. Additionally, previous rental history reports from landlords must reflect timely payment, sufficient notice of intent to vacate, no complaints regarding noise or illegal activities, no unpaid NSF checks, no damage to the unit upon move out, and no outstanding monies owed to landlord. Unsatisfactory references can be grounds for disqualification.
3. Applicants’ combined gross monthly income must be three (3) times the amount of the monthly rent. Applicant must provide one month’s most recent paystubs for verification of income. Self-employed applicants must provide their most recent tax return and three (3) months bank statements. All income must be verifiable and documented in order to be considered.
4. A background check will be completed on each applicant. 

PETS AND ASSISTANCE ANIMALS

Pets are accepted on case by case basis with owners’ approval and a $250 non-refundable pet fee per pet.

• It is the sole discretion of the owner to approve or deny for any reason a pet request by the tenant. In order for your pet(s) to be considered, you must complete the pet section on the application and supply current photos with this application.

Animals we cannot accept include: Due to insurance regulations, we cannot accept Akitas, Doberman Pinschers, German Shepherds, Pit Bulls, Chows, Rottweilers, Siberian Huskies, Alaskan Malamutes, American Bull Terrier, American Staffordshire or Bull Terriers, English Bull Terriers, Korean Jindos, Presa Canarias, Hybrid or Purebred Wolves, or Coyotes and Wild Dogs or any other aggressive breed or mix of an aggressive breed. These policies do not apply to assistance animals.

• Assistance animals are welcome with proper documentation from a medical professional or reliable third party. See our assistance animal policy for more information regarding assistance animals.

CONDITIONS OF MOVE IN

• We cannot hold a property vacant longer than 2 weeks past the receipt of a signed lease; therefore, the lease start date must be no later than two weeks from deposit.
• Once approved, applicant must immediately schedule an appointment to sign lease and pay security deposit. Hours for lease signing with a property manager are Monday - Friday from 9 am to 4pm.

oAll moving in funds are to be paid in certified funds. Security Deposit, $50 Administrative Fee, first (1st) full month’s rent, and any applicable pet fees are to be paid in cashier’s check or money order before keys are provided - NO CASH, PERSONAL CHECKS, and DEBIT OR CREDIT CARDS. Prorated rent, if applicable, is due the first day of the following month. Tenants moving in on the 25th or later require payment of prorated rent, as well as the full first month’s rent, at the time of move in.

• All utility accounts must be transferred into the resident’s name as of the date of possession.
• Applicant has read the lease and all addendums and agrees to its terms upon completing application.
• If you choose to lease a house sight unseen, you will be required to sign a sight unseen addendum. If you are out of the area, we strongly suggest you have a representative view the home in your absence and complete neighborhood research prior to applying or entering into a lease. Any application fees, security deposits, rent, and/or pet fees are nonrefundable should you decide you do not to move forward.

CURRENT REALTY MASTERS RESIDENT(S)

If you currently lease a home through Realty Masters, we will gladly waive your application fee; however, a new application with all requested documentation must be submitted and processed. Tenants must meet all criteria set forth to qualify. A new security deposit and new pet fees, if applicable, must be paid at the time of lease signing.

CONDITIONAL APPROVALS AND EXCEPTIONS TO POLICIES

Any exceptions to our policy will need to be submitted in writing for presentation to the owner for consideration.   If approval is then given for such exceptions, additional security deposits, co-signers, and/or additional advance rental payments may be required. Our company policy is to report all non-compliance with terms of your rental agreement or failure to pay rent, or any amounts owed to the credit bureau.

VIEWING PROPERTY BEFORE RENTING
We strongly encourage everyone to view the property prior to application. If not in the area to view, we can work closely with a friend, co-worker, or sponsor to view the home for you.

ACKNOWLEDGEMENT OF APPLICATION FOR RESIDENCY POLICIES

I/we understand if I am applying with co-applicants, all applicants must complete an application and provide necessary documentation before my application can be considered complete and processed. By signing below, I/we agree that I/we have read and agree to the Application for Residency policies and attest all information presented to be true and accurate. I/we authorize my application to be processed once completed:

Realty Masters of FL is an Equal Opportunity Housing Partner and does not discriminate on the basis of race or color, age, religion, sex, national origin, familial status, or disability.

Our Bayou Blvd. rental office is open Monday - Friday 8am-5pm and Saturday 8:30am-2pm. Give our Pensacola Leasing Agents a call at (850) 473.3983 or email us and let us know how we can assist you in the process.